Friendship Village Foundation
- Assets
- $926.3k
- Revenue
- $289.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Waterloo, IA
- Founding
- 03/1987
- Data as of
- 06/2021
- EIN
- 42-1285192
Organization Overview
Friendship Village Foundation is located in Waterloo, IA. The organization was established in 1987. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friendship Village Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Friendship Village Foundation generated $289.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 29.5% each year . All expenses for the organization totaled $44.1k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT FRIENDSHIP VILLAGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES ACTIVITIES FOR THE RESIDENTS OF FRIENDSHIP VILLAGE AS PART OF THEIR CARE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Kiewiet Vice- Presid | OfficerTrustee | $0 | |
Mary Miller President | OfficerTrustee | $0 | |
Chuck Stilwill Secretary | OfficerTrustee | $0 | |
Dorothy Teeter Treasurer | OfficerTrustee | $0 | |
Lisa Gates President/ce | Officer | $0 | |
David Holm Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $278,504 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $278,504 |
| Total Program Service Revenue | $2,261 |
| Investment income | $5,136 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $3,082 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $289,063 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $31,964 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $175 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $358 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $152 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $44,067 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,771 |
| Savings and temporary cash investments | $303,098 |
| Pledges and grants receivable | $89,061 |
| Accounts receivable, net | $16,036 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $300,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $909 |
| Investments—publicly traded securities | $191,445 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $926,320 |
| Accounts payable and accrued expenses | $2,484 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,484 |
| Net assets without donor restrictions | $339,495 |
| Net assets with donor restrictions | $584,341 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $926,320 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friendship Village Foundation has recieved totaling $12,000.
| Awarding Organization | Amount |
|---|---|
Max And Helen Guernsey Charitable Foundation Waterloo, IA PURPOSE: CHILD CARE SCHOLARSHIP ASSISTANCE PROGRAM | $12,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mount Olivet Home Minneapolis, MN | $14,203,856 | $10,469,353 |
Ascension Living Via Christi Village Pittsburg St Louis, MO | $8,270,696 | $8,815,942 |
Apostolic Christian Home Peoria, IL | $13,378,426 | $10,165,137 |
Christian Home And Rehabilitation Center Inc Waupun, WI | $28,972,064 | $5,970,205 |
Bethel Home Inc Oshkosh, WI | $6,892,854 | $10,385,483 |
Village North Inc Saint Louis, MO | $7,100,790 | $9,993,048 |
Good Samaritan Independent Living Inc Valley Park, MO | $42,541,583 | $10,264,550 |
Ascension Living Via Christi Village Ponca City St Louis, MO | $6,026,969 | $7,789,601 |
Evangelical Retirement Homes Inc Edina, MN | $16,494,150 | $10,166,714 |
Little Sisters Of The Poor Chicago Inc Chicago, IL | $8,092,895 | $10,195,607 |
St Marks Lutheran Home Austin, MN | $10,818,407 | $9,006,197 |
Little Sisters Of The Poor Of St Paul St Paul, MN | $11,125,727 | $9,070,250 |